Skip to content

McConnell ‘Skeptical’ of Tax Overhaul Paying for Highway Bill

By JM Rieger and Niels Lesniewski

[jwp-video n=”1″]

Reacting to an international tax-code overhaul proposed earlier Wednesday by Sens. Charles E. Schumer and Rob Portman, Majority Leader Mitch McConnell said he is “skeptical” of using part of an overhaul to pay for a long-term highway bill while emphasizing there would not be a gas tax increase. “The best way to deal with the tax code in my view is comprehensive, an entire scrub — that’s what [Ronald] Reagan and Tip O’Neill did on a bipartisan basis some 30 years ago,” McConnell said. “We obviously can’t do that in two weeks, and even some component, some subset of that, that might be included in a larger comprehensive bill, is pretty hard to put together to meet the time constraints that we have on the highway bill.” With the Highway Trust Fund facing an end-of-month deadline to avoid insolvency, McConnell said the Senate would likely turn to consideration of a surface transportation bill next week.

Recent Stories

Strange things are afoot at the Capitol

Photos of the week ending May 24, 2024

Getting down on the Senate floor — Congressional Hits and Misses

US-China tech race will determine values that shape the future

What’s at stake in Texas runoff elections on Tuesday

Democrats decry ‘very, very harmful’ riders in Legislative Branch bill